Harvey Nash Group, the global technology recruitment and solutions Group, has acquired Latitude 36 as part of its strategic expansion in the U.S., the world’s largest and most dynamic recruitment market. Latitude 36 Inc. is a leading technology recruitment specialist with operations across the U.S. and India serving an impressive client portfolio.
The acquisition, which together with the Group’s existing Harvey Nash operation, creates a combined business that is now one of the top 50 largest IT staffing companies in the U.S., represents a very significant step forward in the Group’s footprint in the important North American market. It forms part of its wider strategy of becoming a global leader in technology recruitment and solutions, building on Harvey Nash’s significant strength in Europe.
Latitude 36, which employs 125 colleagues across seven offices spanning the U.S and India will become part of the Group’s technology recruitment division. The management team of Latitude 36 will take senior leadership roles with the business and will work closely with Harvey Nash’s U.S. team, as well as the wider Group, to successfully integrate, build and grow the business.
Jason Allen, CEO of Harvey Nash Technology Recruitment division Northern Europe, Australia and U.S. commented: “I am extremely excited about Latitude 36 joining the Harvey Nash Group family. It represents a step change in our presence in the U.S. and provides wonderful opportunities both for Latitude 36 and our existing business there. At the heart of this all lies our people, and when I met the team at Latitude 36 I was struck by how similar our values and ambitions were. Everything we do together will be driven by a ‘people first’ approach. We are thrilled to be welcoming a high performing team which will add to our focus on becoming a top technology recruitment partner in the U.S.”
Jason Pyle, President & COO of Latitude 36 commented: “We are thrilled and excited to become part of the Harvey Nash Group. The company was established twenty years ago with a mission to create a world-class staffing and recruiting business with great people, integrity, and innovation at its core. Our team has worked tirelessly to accomplish that mission, achieving success along the way. We see joining the Harvey Nash Group as the natural next chapter in that success story. Combining the businesses provides a platform to become one of the largest and fastest growing staffing firms in the United States, creating more opportunities for our employees, clients, and candidates. We cannot wait to work together to become a major force in the U.S. Market.”
Bev White, CEO of Harvey Nash Group commented: “The Group have bold, ambitious plans for growth internationally, and through taking this significant step we will gain critical mass in the important North American market. Our U.S. clients will benefit from having access to a much wider range of services, as well as an extended team of technology recruitment experts who can support their needs. Our people will gain from the unique career opportunities that come from being part of a growing, ambitious global company with exciting plans.”
Blackwood Capital Group led by Managing Partner Ronny Grosman acted as M&A advisor to Harvey Nash on this transaction. Ronny Grosman, Managing Partner of Blackwood Capital: “We are incredibly proud and pleased to have advised Harvey Nash on this landmark transaction. We believe that Latitude 36 will be a significant building block for Harvey Nash’s strategy in the U.S. both from a business and cultural perspective.”